Basic Information

Job Category: Accounting

Location: West Hills, California, United States

Date published: 24-May-2022

Job type: Full Time

Description and Requirements

About the role

SENIOR REAL ESTATE ACCOUNTANT

An ADP client is currently recruiting for an experienced individual to be our next Sr. Real Estate Accountant to join our team in our West Hills, California and Westlake Village, California locations.  

Who We Are:

J&L Real Properties is a commercial real estate investment entity founded by two partners in 2011.  Their success in commercial real estate transactions has led to current portfolio holding of 17 properties in multiple states across the country with over 1.2MM square foot combined rentable space.  Increased frequency and size of sale and acquisition transactions has called for additional accounting staff.

This position is a new opportunity for an outstanding candidate who has worked in accounting capacity in the real estate industry.  The candidate will be responsible for preparing accurate and timely financial reports, collaborating with third-party property management teams, assisting with tax preparers, communicating with insurance broker, and complying with various lender reporting requirements.  A critical element in this role will be continuous process improvement on an ongoing basis to keep pace with continual growth and expansion of the organization. 

J&L is looking for a creative, collaborative, and forward-thinking individual who strives for excellence and personal growth and performs equally well working autonomously and collaboratively with both members within and outside the organization.  The successful candidate will be a cross-functional-minded individual who is well-versed in both real estate and accounting arena.  The ideal candidate will work under the general direction of the Chief Financial Officer and report directly to the owners.   

What you’ll do:

Core duties and responsibilities include the following. 

Responsible for maintaining real property books for all properties in the accounting and property management software system

Prepare and record journal entries and reconcile accounts timely

Review settlement statements, lease agreements, purchase and sale agreements and other legal documents to determine appropriate accounting treatment

Review of monthly financial reports and schedules from third-party property managers

Assist in developing and review budgets and forecasts

Monitor cash flow, cash needs, and prepare related project

Participate in the implementation, troubleshooting and utilization of new software and third-party integration

Work with outside tax preparers in preparation of various tax filings

Prepare and submit quarterly and annual financial reporting to fulfill lender compliance requirements

Function as liaison with property management and property accounting teams

Assist with annual budgeting and forecasting

Ad hoc reports and projects

Other duties may be assigned by management

Our Perfect Candidate

Education and Experience:

Bachelor's Degree in accounting is required

3-5+ years relevant accounting experience required

2-3+ years’ experience in real estate managing multiple property entities

QuickBooks experienced preferred

Familiarity with commercial real estate accounting processes and software (Yardi, Argus, Appfolio, MRI, etc.) is a plus

Excellent Microsoft Excel spreadsheets skills i.e., formulas, Marcos or pivot tables required

Required Abilities and Skills:

Strong interpersonal, verbal, and written communication skills

Time management skills to prioritize and meet deadlines

Dependable, great attitude and team player

Ability to work independently and as a member of a team

Flexibility to work in a changing environment

Ability to thrive in a fast-paced environment

Expertise in analysis, critical decision making, and process improvement

Capable of managing the “big picture” while paying attention to detail

Company Offers:

Competitive salary will be commensurate with experience and education

Comprehensive benefits package available: (healthcare, vision, dental, and life insurances; vehicle; personal time off (PTO), and holidays)

To Apply:

Please submit your resume via the ‘Apply Now’ button!

We are an Equal Opportunity Employer!

Keywords:  Yardi, Argus, Appfolio, AppFolio, MRI, real estate accountant, real estate accounting, property management, property accounting, multi-properties, leasing agreements, lease agreements, property books,  real-estate, commercial real estate